'We're an outlier in not taxing capital,' says accounting body tax chair Angus Ogilvie.
But the Labour Party says short-term profits are being put ahead of protecting the environment.
Foreign Minister Winston Peters rejects this criticism and says we're navigating a complex and more dangerous world.
Cabinet to remove pages of regulations introduced in December 2021 under the Credit Contracts and Consumer Finance Act.
IRD warned that backtracking on plan to have platforms pay GST would come at 'a significant fiscal cost', a paper requested under the OIO shows.
Existing permits are due to run out in September 2026.
Northland businesses push for full expressway upgrade, projecting a $1.2 billion annual GDP increase.
But Barbara Edmonds says the current tax system is unfair.
‘I am a new minister and nothing is off the table.’
Nicola Willis says increasing taxes by stealth is unfair.